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months of the year. chief political correspondent carl cameron has the big dollar picture. >> president obama raised half a million dollars a day for the last three months. $58 million from a half a million donors in the second quarter. alongside $38 million raised by the democratic national committee, the $86 million haul shatters records. the republican national committee is targeting three swing states that is vulnerable. pennsylvania, michigan, wisconsin. they launched an attack ad with president obama's convention rhetoric and reality now. >> we measure progress by how many people can find a job. whether you can put tra money away at the end of even month to some day watch your child receive a college diploma. >> reporter: he leads every rival in the latest head-to-head matchup. among republicans, mitt romney is ahead of michele bachmann who leads a three-way race for second, including sarah palin and rick perry. no one else breaks double digits. the texas governor's plan for a day of prayer and fasting for nation's challenging at the houston astrodome and elsewhere august 6 are no
, requires some reforms to be strengthened. we are in big disagreement as to how to do it. >> that is an understatement. democrat favor tax hike within social security and medicare as well as increasing income taxes. budget committee chairman paul ryan argues part of the problem in medicare is the new healthcare law. which claims savings will materialize, and the chief actuary of medicare has the same concerns. >> there is a lot of evidence to suggest some of the payment provisions will not be sustainablsustainable in the lo. >> it pays providers including doctors lower and lower rates. foster says over time it will leave 40% of all providers in the red raising questions about whether they'll treat medicare patients. >> if at some point our payment rate to providers become less or significantly less to the cost of providing services, they either will be unwilling, or unable to continue providing services. >> last year, 51% of medicare's cost was taken out of the general revenue; meaning, half the cost of medicare was paid by borrowing money. which is why it's part of the d
this big, grand compromise, the president and and congressional leaders need to negotiate to raise that limit. they're e manding 2 trillion in spending cuts be made to give the president the increase he wants and democrats demanding any deal to cut spending like that has to include an increase in tax revenue. the big question, going into tonight's meeting is whether a smaller deficit reduction n dea is possible. both sides are saying it can be done. failure to do it would lead to economic meltdown. >> jon, thank you very much. joining me to discuss the road ahead is the white house chief of staff bill daley. thank you very much for joining us. you've heard what jon said. you've seen what speaker boehner has done last night. what's your reaction to the deal being pulled right now? >> it's very unfortunate the speaker made the comments he has. the president is committtt to solving this deficit possible for the future of america. he's looking forward to the meeting to play out his case. he's saying, it is time now to make the tough decisions. in this town, generally they kick the can.
, no. now's the time to go big. get thing done for good. here he was, the president just this morning. >> i will not sign a 30 day or a 60 day or a 90-day extension. that's not an septemberabaccept approach. if it's hard now, how are the guys going to be thinking six months from now in the middle of an election season when they're all up. it's not going to get easier, it's going to get harder. we might as well do it now. pull off the band aid, eat our peas. now's the time to do it. if not now, when? >> brianna at the white house. bring us up to date. are the high stakes talks happening right this very second? >> as we understand it, brooke, these meetings continue here at the white house. president obama with top democrats and republicans in congress. you heard the tone that the president was striking there, like a parent trying to get two kids to share. he's been saying he's bending over backwards, giving up a lot and republicans are not. of course, that is his side of the story. if you were to think of him, he has a favorite child in all of this, right? the democrats. that's his par
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
of the big deal, speaker boehner has suggested to sunset upper income tax cuts that tax code would be rewritten but last night he told president obama and called it off. he released a written statement that read in part, white house will not pursue a bigger debt reduction agreement without tax hikes. best approach may be to focus on producing a smaller measure. they suggested the disappointing jobs report in june was a game changeser. >> it ought to insent visa us to do a big package without raising taxes but we're hoping the president is not thinking he was as six months ago and he was making the arguments that raising taxes in the middle of this recession or slowdown, whatever you want to call it was a bad idea. >> reporter: secretary geithner says $2.5 trillion out of spending alone would unfairly impact the elderly and middle-class and also be bad for the economy and slow down job growth. >> heather: we'll see what happens. thank you very much. >> gregg: the clock is ticking for a debt limit deal to be struck and maybe faster than many people think. white house aids say a deal
: it is a huge moment for u.s. women's soccer. can they beat back france today? that is the big question. you know what? so many people around the world, as well as people watching them in germany, are actually rooting and cheering for the u.s. they are the favorites to win the world cup. i mean, they just had an incredible performance. you know? here you see them practicing. they had this incredible match against brazil and in the last minute, they scored a goal and then ended up winning on penalty shoot-outs. everyone is still buzzing about how i credible it was. so the question is can they pull it off today? and what many people are saying is that they have got the fitness, they have got the never say die attitude and they hope that they can manage it today. you know, they are very fit and the french have to work their da derrieres off today. >> i think they all will be working their derrieres off. what do you think? you've been watching this closely. >> you've got germany out. that was a huge team and the favorites to win the competition in germany. they got booted out. the brazilians, a
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
and the speaker is that to get a big package would require big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: aides say house speaker john boehner called president obama saturday night and told him republicans would push for a smaller debt deal, just enough to cut about $2 trillion over 10 years and increase the debt ceiling by about that much. republicans say democrats' insistence on tax increases have forced them to call for a smaller deal. the administration calls that strategy insufficient. >> we need to do something very substantial to bring our long term deficits down over time in a way that's good for the economy so we give more support to the economy still healing. >> reporter: even if these negotiators strike a deal, they still have to sell it. democrats and republicans are pushing their leaders to stand their ground. rich edson, fox business. >> joining me now with more on the progress of these debt negotiations, maryland congressman chris van holland who
clearly we have a bought one. time to change that. our show starts right now. >>> well, the big story today, whether we like it or not, round 4. right now congressional leaders walking back into the white house for the fourth straight day of debt talks with president obama. it is hump day here in new york city, and across this great land. i am dylan ratigan. a pleasure to be seeing you. debt negotiators have yet to get over their trillion dollar hump and agree on a debt deal to keep our nation functional, the president stepping up the fearmongering, warning that seniors may not be able to get their social security check next month if congress does not act. quite simply, that would not happen. on the gop side, speaker boehner said any deal would be a crapshoot. house majority leader eric cantor, king of the prowrestlers these days, a leading voice emerging, aligning with the extremely far right idea logically prime minister study committee, in guarantees another job-killing debt crisis. that's a good talking point. i think most notably we'll stop spending on pod people or -- does
aren't paying as much attention to it, but it has big news over in the uk. hugh grant among a lot of people who say their phones were hacked by journalists. richard, you talked to him, what did he say? >> reporter: it's interesting, you say. the scandal is large, it's growing. the british government today said that there would be a public inquiry when the police are finished investigating. rupert murdoch, who owns the newspaper, by the way, it's this newspaper we're talking about, it's call "the news of the world," the normal rumor and gossip all dressed up with scantily clad ladies. when they started wholesale hacking of voice mail, it went into a different league. particularly, it was celebrities, it was stars, and now it's being dead murdered girl's voice mails and the patient parents of bomb victims and the like. when i talked to hugh earlier today, he said it's time to stop, it's time to say these newspapers, enough is enough. >> well, it began with just personal grievance, because i was a victim of phone hacking. and then i had this extraordinary piece of luck, where i ran i
, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do? well, you got the presiden
the cia gets caught up in this big debate about how to interrogate what to do. >> they say it's tough. anytime they operate outside of iraq and afghanistan in battlefields it becomes murkier. they say they're faced with the question of can he go back to the u.s. and be tried? that has to go through several agencies. can he have a third-party that take him when neither of the two are available, they would be forced to let someone go. >> the obama administration's treatment of the somali terrorist suspect isn't sitting well with lawmakers on capitol hill. among them lindsey graham of south carolina. >> we learned this morning that a gentleman was taken into custody, kept on a u.s. ship and he's now in custody. >> the last thing i'm worried about is prosecuting enemy fighters. i want to find out what they know about the enemy, what intelligence value do they have to the united states. having people on ships has never been used in warfare before in terms of prisons. he should have been sent to guantanamo bay and held as an enemy combatant and interrogated. >> the administration would make
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
and increase the nations borrowing limit. >> everything they have told me and the speaker is to get a big package would require big tax increases in the middle of an economic situation extraordinarily difficult 9.2% unemployment. it is a job killer. >> we need to do something very big, substantial to bring long term debt down overtime we have to do that in a way that is good for the economy. >> reporter: of course there is a difference in opinion what is exactly good for the economy, house speaker john boehner said look the republicans are not going to agree on any package that includes any increases in taxes therefore the republican package is $2 trillion where as the deal the president has been pushing is a $4 trillion deal we should learn more at the press conference scheduled here at the white house 11:00 a.m. >>> three small planes in three separate incidents had to be intercepted by fighter jets this weekend each plane flew too close to camp david. the first around noon saturday another later that night the third happened late yesterday morning in every case the planes landed withou
there is a big fog bank out there. yesterday it was very shallow and didn't make much of an impact but today it will. now here is sal. >>> steve, right now 880 is getting very slow. that is because of a crash up at 29th about a mile away from here. you can see traffic is stepping up. approaching the coliseum. you can see northbound 880 traffic up on the left of your screen is thick. now the accident is not injury but they are having trouble getting it out of the right lane. also this morning we are looking at the san mateo bridge. that traffic looks good heading out to 101. 6:01 let's go back to the desk. >>> a search will continue off of mexico's coast for seven missing fishermen who's boat capsized and sank. most of the passengers are from right here in the bay area. tara moriarty is joining us live in the newsroom with more on the families and those survivors who are hoping and hoping. tara. >> that is right. three brothers from the bay area survived the boat wreck. their little brother brian long of berkeley is still missing. every hour that goes by hope gets hit with reality. the coast
with markets in a bad way. >>> and then the big tease. julie yanni w giuliani. will think of these folks get in the game? the summer of speculation. good morning, thursday, july 14, 2011, i'm chuck todd. >>> and the nbc campaign team is doing a lot of prep today. doing that behind the scenes but why not to get right to my first reads of the morning, hurdling towards the huge financial calamity. ratings agency moody's put the government on notice for a possible credit downgrade. as leaders try to broker a deal, personal relationships are breaking down. president obama and house majority leader eric cantor clashed yesterday after the president frustrated by the lack of progress, saying it was time to stop postures and get the deal done. cantor went to the press telling his version of story. cantor said, obama got very agitated seemingly and sat there long enough. and no other president, ronald reagan, wouldn't sit here and he said to me, eric, don't call my bluff. democrats dispute his version of the event. one said cantor's account of tonight's meeting is completely overblown. cantor rudely i
. the big task in outer space is moving a 12-ton module into place. it's 6:00 and a summer like day's start. sharon has problems on the pavement and marty has the weather. >> well, shuttle wakeup music will be over in a few days. there's your impact in your neighborhood. we'll point that out. it will be a sunny, hot one. it's the middle of july, it's supposed to be this way. mid-70s now and on the way to 94. the normal is 88. it is what it is. it will be getting hotter tomorrow. we'll be closer to a hundred. we'll talk about that shortly. >>> if you have a ton and a half module to move around, here's sharon gibala. >>> well, you shouldn't have too many problems at this hour. we have just a few minor issues. that's on chesterfield at hawkins road. one lane is blocked there. everything's running at full speed. the top and the westsides are looking good. no issues out there on the westside. that's at old court road. the eastside is looking nice. especially with the sunrise. traveling downtown, they started construction for the grand prix on light street between key highway and pratt street. re
travelout of white oak that is a check of your fox 5 on time traffic. >>> big story this morning hearing on airport security on the hill. >> chair of a house subcommittee says commercial airports are vulnerable despite changes since 9/11. live at dulles international with details good morning. >> reporter: good morning disquieting news now that we are in the mid of the busy summer travel season indeed utah representative is saying this and he says it is cause for concern since november 2001,25,000 breaches of security have occurred at the nations airports now tsa is countering that saying that is just a tiny fraction of 5.5 billion people searched since 2001 however it is causing concern and he is holding this hearing today, now there are those who says the not a matter of changing security procedures but simply implementing smarter security. >> stop relying on technology, use the human brain, hire only qualified people train them well, let them understand the type of people are in their hands. >>> you may remember last week that was a frightening incident in newark new jersey when a stu
of floating short-term or mini deal on the debt ceiling, although it wouldn'n't be perfect. >> the big problems wouldn't go away. it just delays the moment of truth. i say better now than then but if we can't, we'll take the savings we get now and relitigate this as we get closer to the election. >> the white house toughened the language in recent days, criticizing congress and specifically republicans. speaking to the national education association on sunday, vice president biden sounded campaign mode using class war fair argument against the republican -- war warfare argument against the republicans. >> they believe 1% of the wage earners controlling 1% of the wealth is a vehicle to spur economic growth. because those with the wealth know the most that will know best to do with that wealth. >> some republicans have punched back by being critical of the process the white house chose to address the problem including negotiations led by the vice president. we have been waiting on secret talks to somehow settle our problem. but congress is the constitutional place for this to be decided.
that would have reduced spending by $4 trillion over the next decade. but if mr. boehner wanted to do a big deal, the majority leader eric cantor threw cold water all over it saying that the congressional republicans would reject any revenue increases as part of the deal. as for the president, he said that he is willing to take political hits from his own party, but not at the expense of struggling americans. >> i am prepared to take on significant heat from my party to get something done. i expect the other side should be willing to do the same thing if we are going to actually solve the problem, there are finite number of ways to do it. if you don't have revenues, it means you are putting more of a burden on the people who can least afford it. that's not fair. >> nbc's kristen welker is live at the white house. kristen, the president spoke about his willingness to take in his words significant heat from his own party in reaching a compromise, and he was clearly suggesting that the republicans must do the same, but will they? >> well, it is an interesting question at this point the two sid
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
get our attention in a big hurry and we're going watch it. >> thank you. >>> the hacking scandal in the uk taking a dramatic turn. >>> and the new bomb shell dropped by an expert who testified at the casey anthony trial. >>> and pretty safe to say that this won't be the photo making the weeing bum. why a bride got busted on her big day. we'll be right back.  >> high drama inbrate ape as news corp chairman rupert murdoch, his son janes and former news of the world editor rebekah brookes testified about the phone hacking scandal that gripped the country for weeks now and shawn yancy has more on today's proceedings. >> reporter: when rupert murdoch addressed lawmakers, he seemed confused and flustered. the moments in the proceedings, a protestor interrupted the hearing and take a look. >> oh. >> a man tried to throw a foam pie into his face. wendy, the wife in the jacket quickly tried to s.w.a.t. it away. the police arrested the man. the hearing continued 10 minutes later, he continued the testimony saying while he's the ceo of the company that hacks phones, he's not res
'll keep a close eye on baby jamichael, a big kid. that's it for me on "wake-up call." "american morning" begins right now. >> good morning to you. i'm kiran chetry. a lot going on. let's get you caught up. the end of the line for the "news of the world." the british tabloid shutting down after sunday's edition after new reports that the paper reportedly tried to hack the phones of 9/11 victims. >>> a deal to raise america's debt ceiling still out of reach. talks continue today with the president warning we have ten days left to get an agreement or risk default on this "american morning." >>> and good monday morning to you. start of another week here on "american morning." it is july 11th. nice to see you back. >> great to see you. >> the shuttle went off on the first try. >> i couldn't believe it. we were all thinking the weather was horrible but it went off. can't get the three of us together a whole lot. christine is off. >> summer vacation. >> no deal on raising the debt ceiling. last night talks at the white house fizzled out. president obama making it clear with 23 days to go befor
. >> oh, my gosh. everything's big in texas. >> and a year in jail. unbelievable. >> you can catch our legal guys every saturday noon eastern right here in the "cnn newsroom." -- captions by vitac -- www.vitac.com >>> the u.s. is withholding $800 million in aid to pakistan. president obama's chief of staff confirmed the move today. william daley says pakistan has, quote, taken some steps that have given us reason to pause, end quote. the pakistani military tells cnn it has not been officially informed that aid from washington is being withheld. >>> with the final edition of britain's popular tabloid "news of the world" on stands, rupert murdoch is hoping to limit the damage to his media empire. murdoch arrived in london today. his company's british subsidiary closed "news of the world" after reports the newspaper hacked the phone of a missing teenager who was later found dead. >>> in india 13 cars in a packed train jumped the tracks today. rescue officials confirm 28 deaths already and say that number will likely rise as they search the wreckage. more than 100 people are reported hurt.
. the big question today is, will they be looking at that medium-sized deal and will they have enough details to get something done? there is not a lot of certainty that they can cut that big deal. the president has said he cannot cut a short-term deal. they have to have a deal. there is a lot of uncertainty right now. it is all very unstable, very much up in the air. everybody is playing for their negotiating position right now. the president is using the leverage he has to keep up as much pressure as he can. >> jessica, i am sure you will be answering that question from that. >> john king is here. it is interesting. the president is going to be in the briefing room. he is out of the east room where there would be a dramatic announcement. this is just sort of a surprise in the middle of these tough negotiations. he has decided to go public to try to put pressure on us. >> i am not surprised. i find it interesting that before they go pack back to mee 2:00 in the afternoon, he is coming out of here to talk about the state of play. the president can go directly to the american people an
hard. but this is a grave moment for the country. we need to do something very big, very substantial to bring our long term deficits down over time. we have to do that in a way that's good for the economy so we give more support to the economy still healing from the great recession. and it's going to require both sides to compromise. >> cnn dan lothian is at the white house right now. dan, bipartisan talks fell apart yesterday. what was the breaking point. >> the breaking point really was republicans, in particular house republicans, speaker john boehner saying democrats and the president continued pushing for tax increases as part of any deal. as you know, this white house, the president, has been talking about wealthier americans needing to bear some of the burden here and looking at how you can shave back some of the breaks and loopholes that wealthy americans receive. so boehner walking away from the discussions now looking at perhaps some sort of a smaller deal. but the white house saying that the president still wants to move forward with this ambitious plan of cutting the defi
tell you, it takes about an hour and-a-half. that's what it takes to clear the national mall. the big crowds now probably on metro trains, people going home right now. let me show you what folks really came for, a spectacular fireworks display every single year. it started at 9:10 this evening and lasted about 20 minutes. the majority of the people gathered on the grass between the washington monument and the reflecting pool in front of the lincoln memorial. just a melting pot of people attending. not just locals but people from all over the world and this is a major draw for tourists. >> i like it very much. i'm russian. i want to say. [speaking foreign language] >> what does that mean? >> i think it's so fantastic and incredible to be here with my kids and relatives from canada. >> i think it's amazing. >> it's great. and it's really, really colorful and i love it. . >> reporter: it was an all-day affair for folks. everyone had to pass through security. bags, purses, you name it, coolers, they were all quickly inspected. you couldn't bring alcohol or anything that could be considere
this big deal, takeover bid by rupert murdoch of british sky here. people don't want to see that deal go through, kyra. >> we'll continue to follow that story. i have a feeling a lot more is going to break, it's just starting to unfold. zain, thanks. >>> trying to broker a deal. in less than two hours from now, he will turn to the public with a news conference. dei dan lothian joins us from the white house. >> reporter: medicare and social security they don't want touched by this deal and on the other side, republicans are saying no tax hikes at all. you're seeing the president using his bully pulpit, if you will, for the second time now in as many weeks, the president holding a press conference, a chance to try to get both sides to sit down and hammer out an agreement and spell out what the consequences will be if that debt ceiling isn't raised by august 2nd. the president, aides tell me, will continue to push for what's being called that bigger deal, up to $4 trillion in spending cuts and also tax hikes. the reason for that is because the president believes that this is the best thing
. >>> it will be a big day in the casey anthony murder trial. closing arguments in that murder trial is just a few hours away. court is scheduled to start at 9:00 a.m. eastern time. casey anthony, as you know, accused of murdering her 2-year-old daughter caylee yesterday. there was a vigil for caylee near the spot where her body was found. the case expected to go to the jury after closing arguments. this all began in late may. casey anthony facing seven charges, including capital murder. that means she could face the death penalty if she's found guilty. the defense and prosecution both wrapped up their cases last week. casey anthony decided not to testify in her own defense. more on that throughout the morning. >>> also, a jailhouse phone call is raising more questions about the accuser in the dominique strauss-kahn sexual assault case. the former chief of the international monetary fund was released from house arrest on friday. mr. strauss-kahn is accused of sexually assaulting a hotel maid and last week prosecutors said the accuser's story raised credibility questions. cnn national correspondent susan
're in for another deep rough patch, i think, they are getting very nervous about re-election. and, the big winner out of a grand bargain, would have absolutely been president obama, because, the not only would things have hopefully improved but he also could take credit for making a really big grown-up decision. going forward, though, you know, in two years, or actually, in one year, now, next year, after the election, it is hard for me to see how republicans will not actually be in a better position, even if they don't win the white house, there is a good chance they'll win the senate and almost certainly still control the house and i think republicans will be in a tremendously strong position, to get the kind of deal that speaker boehner went in there looking for, but clearly was not going to get from the white house. >> jamie: charlie, seems like those dismal job numbers may have changed the imperative for the house white house. how close are both sides to accepting the proposal that vice presidented by eb was able to negotiate and is that all we need? will it get us where we need to be with r
.5 trillion does not make any of the big issues go away. sooner or later republicans are going to have to swallow some revenue increases. host: what is the purpose of today's news conference from the president? caller: the purpose for the president is to set a delicate balance. on the one hand he wants to claim the political high ground, i assume, saying that he tried and pushed for historic bipartisan achievement. unfortunately, we will like it there. the reason is that republicans will not sign on to a bold, $1 trillion tax overhaul. so, he wants to show the voters that he is the big negotiator. everything that he said the revlon in 2008. but he does not want to poison the well to make these negotiations for the rest of the week. >> what is the main message coming from republicans going into this meeting? >> it would seem that their main message is probably going to stay the same period that we are for a big deal, but not a big tax increase. or any tax increase. once again they will be challenged to expand on this sharp rhetorical edge. id is a distinction without much of a differenc
obama says he's not giving up. he didn't come to this town to do little things, he came to do big things. he wants to do the largest possible deal that's going to do the most for the economy. >> there is a lack of confidence whether these political leaders will have the guts to stand up. >> and that was white house chief of staff william daily and treasury secretary timothy geithner from earlier. geithner summing it up in this question, are the electoral leadership in washington able to come together and solve the many problems we have as a country? >> pretty much what everybody wants to know is the time to deal with our nation's debt is ticking down again. let' go live to the white house, and wendell goal ser there. what do we expect to come out of tonight's talks? >> well, harris, no one expects the final deal to come out of tonight's talks. the president had asked the democrat and republican leaders if the house and senate could come tonight's meeting with their bottom line and he talked on the phone with house speaker john boehner last night after boehner decided to back away from ta
for weeks and weeks and weeks over big proposals to cut $4 trillion in spending and remake the way america collects taxes. mr. boehner fell pressure from consumer lives -- boehner felt pressure from consumerconservats and walked away. he did get involved. now he is kind of out of the room and is a mere spectator, as you indicated. >> at the end of the day, it looks like the debt ceiling will be raised. it has happened three times during the obama administration. >> yes, this is a strange fight for american lawmakers. in the past, the debt ceiling was raised routinely on the backs of other pieces of legislation. the so-called tea party republicans, who were elected as the referendum against obama and the democrats', said they would never raise the debt ceiling. that's the problem mr. boehner is facing. they have had months to get their troops ready for this. they are close. there's only a handful of votes away -- they are only a handful of votes away. the people elected in 2010 were elected on the single platform of not raising the debt ceiling. it has been an uphill battle for mr. boehner.
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